Oil slips as demand fears erase bounce

Oil slips as demand fears erase bounce

Oil prices slipped overnight as global supply and demand worries erased earlier gains seen from an increase in Saudi Arabia’s official crude selling price and a surprise rise in Chinese exports last month. Brent futures fell 26 cents, or 0.9 per cent, to settle...
Oil slips as demand fears erase bounce

Copper sinks as demand concerns resurface

Copper prices fell to their lowest price in more than a week overnight as worries resurfaced about shrinking demand from China and elsewhere because of the coronavirus and as some producers eased lockdown restrictions. Benchmark copper on the London Metal Exchange...
Oil slips as demand fears erase bounce

Copper hits 6-week peak on stronger demand

Copper prices climbed to a six-week high as the prospect of stronger demand in top consumer China and output disruptions outweighed expectations of rising supplies from producers emerging from new coronavirus lockdowns. Traders said copper rose on some purchases in...
Oil slips as demand fears erase bounce

Strong demand for meal kits during crisis

Marley Spoon says its path way to profitability has accelerated after a surge in demand globally for its home-delivered meal kits amid the coronavirus lockdowns. The Berlin-headquartered, ASX-listed company said it now expects to achieve positive earnings this...
Oil slips as demand fears erase bounce

Copper hits six-week high on demand hopes

Copper bounced to its highest in about six weeks as investors hoped that easing of lockdowns and factory restarts would revive metals demand hit by the coronavirus pandemic. Industrial metals prices rose along with stock markets, which also took heart from further...